Summary
Overview
Work History
Education
Skills
Career Path
Recent Achievements
Personal Information
Professional Highlights
Accomplishments
Timeline
Generic

Rakesh Ranjan

Zonal Head , Maharashtra
Pune

Summary

A top-level sales and marketing strategist with wide experience in mapping market dynamics to facilitate designing/realignment marketing/sales strategies to combat competition & sustain leadership position; consistent performer with effective Network Management. An accomplished professional with over 18.5 years of experience across Sales & Marketing, Business Planning & Implementation, Brand Management, Client Servicing, Relationship Management, Insurance, and Operations. Expert in managing comprehensive business operations with a focus on top and bottom-line performance aligned with company goals. Proven ability to develop and execute strategic business plans aimed at demand creation, sales growth, and partner development. Result driven with immaculate man-management and time management skills. Articulate communicator blended with ability to deal with diverse culture and interpersonal skills while interacting with the cross-functional teams, customers and stakeholders; ensuring optimal resource utilization.

Knowledgeable Vice President with background in overseeing regional operations and driving business growth. Managed multiple zones efficiently, achieving significant improvements in operational efficiency and customer satisfaction. Demonstrated strategic planning and team leadership skills to consistently meet and exceed targets.

Overview

19
19
years of professional experience
7
7
years of post-secondary education

Work History

Zonal Manager

Shriram Life Insurance
07.2024 - Current
  • Reporting to the Sales Head, overseeing the development of the Banca Edge Channel for Shriram Finance Limited from the ground up
  • Managing SFL 289 branches with the help of a team comprising 3 Regional Managers, 13 Cluster Managers, and 70+ budgeted Field Sales Staff (FLS)
  • Collaborate with Shriram Finance Limited (SFL), India's leading NBFC, and support various SFL stakeholders of all vertical (BUH ZH, SH, SPH ,DM RH, BH, REs), to Push life insurance products alongside Shriram Life Insurance Company (SLIC) team members to drive revenue and generate business across the zone
  • Established performance goals for employees and provided feedback on methods for reaching those milestones.
  • Cultivated positive rapport with fellow employees to boost company morale and promote employee retention.
  • Managed senior-level personnel working in marketing and sales capacities.
  • Leveraged data and analytics to make informed decisions and drive business improvements.
  • Evaluated employee performance and conveyed constructive feedback to improve skills.

State Head (ROM)

Bajaj Allianz Life Insurance
08.2021 - 12.2023
  • Worked with Bajaj life insurance company limited as State Head reporting to VP in Agency Retirement vertical for Pune and Nagpur
  • Handled 10 Territory Managers
  • Developing Variable Agency / Channel Development Associate from scratch
  • Managing and Support to Territory Manager & Partners on variable pay out and to generate the business from them

Sr. Branch Manager

ICICI Prudential Life Insurance
01.2012 - 08.2021
  • Reporting to Zonal Head (VP)
  • Handled INDUSIND BANK, 37 Branches (Banc assurance) channel partner as a City Head, with the team of 3 Sales Manager, and 21 sourcing Manager in Open Architecture Competitor TATA AIA Life insurance
  • Maintaining relationship with Zonal Head, Regional Head and helping the INDUSIND BANK to drive and achieve the LI Business for the ZONE
  • Anchored to PUNE and ROMG
  • Supervising and review the activity plan of all executives to ensure that these are being fulfilled as per the desired levels
  • Planning sales activities and achieving Sales target, and maintaining regular reports
  • Recruitment: Identify, Interview and select new executive with the help of HR Manager

Area Manager

Symphoenix Calling
07.2011 - 12.2011
  • Reporting to Director of the company
  • Headed 1 Branch of Pune and 1 branch of Nashik for kotak Life Insurance Company Ltd
  • Handled total 12 Tele Sales Mangers, 2 Recruitment/Training Mangers, 2 Accountants, 4 document pickup executives and 90 Tele sales executives for both the branches
  • Supervising the daily activity plan to respective team to ensure that these are being fulfilled as per the daily Target
  • Maintaining Relationship with deputed RM from Kotak life insurance at branch

Business Development Manager

Aegon Religare Life Insurance
01.2011 - 06.2011
  • Handled a team of 5 Relationship Manager 2 Senior Relationship Manager
  • Undertaken joint field work with executives and demonstrate successful sales calls
  • Supervising the activity plan of all executives to ensure that these are being fulfilled as per the desired levels
  • Planning sales activities and achieving Sales target, regular reports and maintaining customer database
  • Managing support request from the field to SRM and RM via E-Mail telephone or personally
  • Recruitment: Identify, Interview and select new executive

Manager-Sales

Max New York Life Insurance
02.2008 - 12.2010
  • Handled a team of 6 financial planning managers, 2 Assistant sales manager and 2 DSM (Sourcing and non-sourcing), who will be on the pay role of the company
  • Undertaking joint field work with executives and demonstrate successful sales calls
  • Tracking the following measures for the unit: premium per executives, case rate and persistency
  • Conducting biweekly performance review (PRP) with executive with the help of partner and training them accordingly
  • Supervising the activity plan of all executives to ensure that these are being fulfilled as per the desired levels
  • Helping executive to use GOLD systems for maximizing business from a given target market

Financial Services Manager

ICICI Prudential Life Insurance
01.2006 - 02.2008
  • Trained and handled a team of 5-6 people to tackle the HNI Clients
  • Selling the Financial products to HNI People Specially
  • Inculcating bonded Teamwork and developing cohesive environment for all around development and escalating the motivation levels

Education

Post Graduate Diploma - Business Management (Mktg and Finance)

ISMS
01.2004 - 01.2006

B.Sc. (Honours) - Physics

G.D College
01.1996 - 01.1999

12th Grade - Science

KV-IOC
01.1994 - 01.1996

10th Grade - undefined

Ayodhya High School, Gyan Bharti

Skills

Sales & Marketing

Career Path

  • Shriram Life Insurance, Zonal Manager, Banca Edge, Maharashtra, 07/24/24, Present
  • Bajaj Allianz Life Insurance, State Head (ROM), 08/21/23, 11/30/23
  • ICICI Prudential Life Insurance, Sr. Branch Manager – City Head, Banc assurance (INDUSIND BANK), 01/12/21, 08/21/23
  • ICICI Prudential Life Insurance, Area Manager, 01/12/16, 03/16
  • Symphoenix Calling, Area Manager (Tele sales unit), 07/11, 12/11
  • Aegon Religare Life Insurance, DM - Business Development Manager, 01/11, 06/11
  • Max New York Life Insurance, DM Managers-Sales, 02/08, 12/10
  • ICICI Prudential Life Insurance, FSM-DM, 01/06, 01/08

Recent Achievements

  • SLIC FY 2024- HIRED IN 3 Month 3 RMs, 13 CMs, and 70+ budgeted Field Sales Staff (FLS).
  • Collaborated with SFL SH and RBH across all verticals (TW, PL, SME, CV) to drive LI business growth. Managed a team of 3 RM, 12 Cluster Managers, and 49 FLS, overseeing a 4:1 mapping strategy across 290 SFL branches and shared with CSC VLE and Center in Maharashtra.
  • SLIC- Bancassurance FY 2024-2025 generated 12cr business from BU Mumbai.
  • SLIC Rank 1 Zonal Manager increased sales by 200% since Launched with the average Productivity of 6L per FLS MOM till date and growing.
  • BALIC FY 2021-22(6 Months), Achieved 128% (HP) New business and 1st slab Bonus from Sept to Mar 2022(H2).
  • IPRU FY 2020-21, BSC Rank 3rd pan India till Sept 2020(H1).
  • IPRU FY19-20 Scored Highest BSC Score in Pune Banc assurance.
  • IPRU FY19-20 Ranked 1 pan India for the Onsite Trip RnR.

Personal Information

  • Date of Birth: 11/28/79
  • Marital Status: Married

Professional Highlights

  • Efficaciously guided team for mobilizing of Post Retirement Employee Benefit Funds (Gratuity & Superannuation) from key corporate accounts.
  • Successfully collaborated with the Zonal, Regional and Other Heads of the Bank-INDUSIND to identify & mobilize LI business from Retail and corporate clients and execute business through different branches under them.
  • Achieved highest performance rating within the organization for consecutive two years and special Achievement Award for bringing highest number new client acquisition.
  • Received Best Employee Award twice for delivering outstanding performance in FY 2016 –18.
  • Adept in monitoring a team to garner retail business through Mid Corporate & Corporate Account Group branches of ICICI Bank through Banc assurance Model.
  • Leader in monitoring team of 3 Sales Managers and in turn 30 Business Development Managers through Area Managers.
  • WORKSITE Marketing from the Corporates for garnering retail business through team.

Accomplishments

Bancassurance Channel Lead | SLIC

  • Generated ₹12Cr business in FY 24-25 from BU Mumbai (Vidarbha, ROM, Mumbai contributing 60% saliance of ₹20Cr sales in GU Mumbai (MH/UP/UK/JH/BH), securing #1 Rank for SLIC in the zone and in Country.
  • Achieved 1000% growth since launch, with ₹6L avg. productivity per FLS (MoM).
  • Exceeded organizational, functional, and people goals, establishing the channel as the fastest-growing in pan India

Timeline

Zonal Manager

Shriram Life Insurance
07.2024 - Current

State Head (ROM)

Bajaj Allianz Life Insurance
08.2021 - 12.2023

Sr. Branch Manager

ICICI Prudential Life Insurance
01.2012 - 08.2021

Area Manager

Symphoenix Calling
07.2011 - 12.2011

Business Development Manager

Aegon Religare Life Insurance
01.2011 - 06.2011

Manager-Sales

Max New York Life Insurance
02.2008 - 12.2010

Financial Services Manager

ICICI Prudential Life Insurance
01.2006 - 02.2008

Post Graduate Diploma - Business Management (Mktg and Finance)

ISMS
01.2004 - 01.2006

B.Sc. (Honours) - Physics

G.D College
01.1996 - 01.1999

12th Grade - Science

KV-IOC
01.1994 - 01.1996

10th Grade - undefined

Ayodhya High School, Gyan Bharti
Rakesh RanjanZonal Head , Maharashtra